$SUI Sui is a cutting-edge Layer 1 blockchain platform designed for high performance, scalability, and accessibility in the Web3 space. Its native cryptocurrency is called SUI.

Here's an overview of Sui coin and its key aspects:

What is Sui?

* Layer 1 Blockchain: Sui operates as its own independent blockchain, similar to Bitcoin or Ethereum, rather than being built on top of another network. This allows for greater flexibility and scalability.

* High Performance: Sui is built to handle a large volume of transactions quickly and at low cost. It achieves this through:

* Parallel Transaction Processing: Unlike traditional blockchains that process transactions sequentially, Sui can execute many independent transactions simultaneously, significantly boosting throughput.

* Object-Centric Data Model: Sui treats on-chain assets as "objects" rather than accounts. This unique model simplifies data structuring and improves transaction efficiency.